Willits Town Center

As an exclusive advisor, JLL Capital Markets (“JLL”) is pleased to present the opportunity to acquire the fee simple interest in Willits Town Center (“Property”), a vibrant mixed-use development located in the heart of the Roaring Fork Valley. Ideally situated between Aspen and Glenwood Springs, the Property is minutes from world-class skiing, biking, fishing, and hiking trails, attracting over 2.2 million visitors per year from all over the world. The 80% leased, 56,244 square foot asset consists of seven (7) commercial condominiums located on the ground floor of three (3) buildings in Willits Town Center’s larger master plan and anchored by Whole Foods, The Steadman Clinic, and an Element Hotel. The asset provides a new investor the opportunity to acquire real estate in a highly-desirable market and further create value through vacant suites’ lease-up. A new, ten-year lease commenced in 2020 with Regus, the world’s largest flexible space provider with over 2.5 million members. The global pandemic has created a flight to the Colorado mountain communities, an enduring impact causing unprecedented activity seen throughout the Roaring Fork Valley. As the community rapidly develops around the Property, Willits Town Center will continue to be a destination and community gathering point.

• Value-add opportunity 
• Diverse tenant roaster
• New Regus location
• Strong demographics